As BTC attempts to stabilize above $76,500, the risk index, which indicates market selling pressure, has begun to rise again, according to on-chain analytics firm Swissblock. They stated, "The risk index remained at 0 while BTC was rising, but recently started moving again, climbing to 16." However, the current figure should be viewed as an early warning stage indicating the potential for increased selling pressure, rather than a sign that the market structure has been compromised. They emphasized, "If the risk index consistently exceeds 25, it could be a clearer signal that selling pressure is spreading across the entire market."